Countrywide plc is registered in England under number 08340090. Registered office: Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP. VAT number: 212551112.
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Find out what happens when we are asked to value a property when mortgage finance is being arranged.
A valuation is an opinion of value of a property provided by an appropriately trained and regulated RICS Valuer. Valuations may be obtained for a variety of purposes.
Most of the valuations undertaken by Countrywide Surveying Services are for mortgage lenders wishing to ensure a property is suitable security for lending purposes.
A valuation for mortgage purposes is based on a limited visual inspection. It only reflects matters which are considered so significant that they may affect value or concern the mortgage lender. While the condition of a property will be considered and reflected in the valuation, defects or problems are unlikely to be detailed in the report prepared by the valuer.
For example: dampness may be discovered during the inspection, however, if it's not considered to affect the value, then it will often not be reported.
Information and guidance on choosing the surveying services most suitable for your needs.